Srinagar/Jammu, Sep 19 (GNS): A meeting of Bankers-cum-Monitoring Committee working under Prime Minister’s Employment Generation Programme (PMEGP) was on Saturday held under the chairmanship of Commissioner/Secretary Industries and Commerce Department.
According to a statement received here, the meeting was attended by Director Industries & Commerce, Jammu, Director Industries & Commerce, Kashmir, Director Planning Industries & Commerce Department, Secretary/CEO J&K KVIB, Director Khadi & Village Industries Commission and Officers/Bankers from various Banks.
The meeting, as per the statement, was focused at reviewing the agency wise and bank-wise performance under PMEGP for the year 2019-20 and 2020-21.
“During the meeting, it was informed that against the targets for establishment of 1920 units involving margin money of Rs. 5758.60 lacs, margin money to the tune of Rs. 9908.12 lacs was released by Govt. of India for establishment of 4992 units thereby creating employment opportunities for 39936 persons, during the previous year Fiscal Year 2019-20”, the statement reads.
“Additionally, for the current Fiscal Year, a target for establishment of 2600 units involving margin money of Rs. 7804.21 lacs has been fixed for UT of J&K. Against the said targets, an amount of Rs. 3280.14 lacs has been disbursed for establishment of 1668 units”, the statement maintained.
Commissioner/ Secretary Industries & Commerce Department, as per the statement, impressed upon officers to ensure that the scheme benefits reach to people living in all districts especially in remote areas of the UT.
It was enjoined on officers to organize awareness programmes so that the people residing in far flung areas are sensitized about the scheme, the statement reads.
Commissioner/ Secretary Industries & Commerce Department noted with satisfaction that 35.5% units under PMEGP have been set up by women entrepreneurs, the statement reads further.
